Raw Material Price Surge Boosts 'Hanwha Cheonyeonjaweon Fund' Returns by Over 30% This Year
[Asia Economy Reporter Hwang Junho] Hanwha Asset Management announced on the 1st that the Hanwha Natural Resources Fund has shown an excellent performance with a 30% increase since the beginning of this year.
The Hanwha Natural Resources Fund invests 50% each in the energy and materials (mining) sectors. During management, it adjusts the investment ratio according to favorable phases in each industry (energy, materials) to respond to market conditions and seek excess returns. Additionally, by diversifying investments in energy, mining, gold, and precious metals, it is a product that tracks overall trends in the raw materials market while enhancing stability.
Kim Jongyuk, a fund manager at Hanwha Asset Management, said, "Recently, natural gas futures prices surged, increasing investor interest in the natural resources and energy sectors," adding, "The raw materials sector has steadily improved growth and profitability due to demand recovery from expanded COVID-19 vaccinations, supply restrictions, and policy changes."
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Manager Kim explained, "The energy sector has ample room for further growth due to abundant liquidity, global demand recovery, and supply shortages caused by past investment constraints. In the case of metal materials, growth and profitability are expected to continue due to global decarbonization policies and structural changes in mobility such as electric vehicles."
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